China Unicom takes on China Mobile

Includes: CHA, CHL, CHU, CN-OLD
by: Ezra Marbach

In an effort to increase popularity of the CDMA standard, China Unicom (ticker: CHU) reportedly began flooding the Chinese market with low-priced CDMA mobile phones. Unicom's less popular CDMA standard is currently competing with China Mobile's (ticker: CHL) GSM standard.

This news follows a report that China Unicom and China Mobile are cooperating despite competing for the SMS market.